All Forum Posts by: Teri Feeney Styers

How do you plan to help them @Sabrina Stratford?

And - if you feel awkward asking her to give you a tour - contact a different Realtor to go ahead and show you the property. That Realtor will contact her on your behalf and get the scoop... and it doesn't cost you anything. 

My first deals years ago were owner carry. Now we have a free and clear primary residence so I use a HELOC. These are all flip properties - I'm not trying to hold them.

@Jacob Temple Hi there - I'm an investor in GJ. Just completed a multi-family rehab project that I'd be happy to show you. Got a new one just getting started. Interested in learning how an "outsider" perceives what is going on here. I belong to a organized REIN (WCAREI - on meet-up) and also have a loose network with a couple of pals who are fellow investors. We should connect... You can PM me. 

@Account Closed I am a property flipper. I am looking at doing two things: getting a general contractor license so I can pull permits in my city (even if I hire out to better skilled pros) and getting my Real Estate license so I can more easily sell my stuff and save $$$$. 

Oh congratulations @Leigh Ann Smith! Good for you! Sounds like you have a plan - don't know your area at all - but why not? Now I just have to get up the nerve to go look at that fixer-upper in Costa Rica that I've been eyeing... I want a vacation rental too. Still planning to build my Tiny House next to my Tiny Apartment as well. 

@Amy Powell Why are you even taking the 3 day course. You already have some experience. You've already located this site which is great. Why not just reach out to other flippers / investors in your area (see if there is a group that meets). Reach out here with specific questions. Find an investor friendly Realtor and start looking. I am a flipper in Colorado and do all of those things - but have never paid for anything except the annual membership for my REIN group and as a Pro member here...

@Joe Bertolino  the point of tiny living isn't to be "crammed" - it is to be free of "stuff", and free of the obligations and costs of maintaining & replacing that stuff. A master bedroom is a good example - 95% of what goes on in the room goes on in the bed. Some people just don't feel the need for 10 feet or more of space each direction around that bed when 3 feet will do... so thats 168 square feet saved. Not for everyone for sure. And you are correct that building costs per square foot don't necessarily scale. But heating costs, repairs, cost to rent (if it belongs to someone else), furnishing, etc. are lower and are "repeating" costs - so there is savings over time. That said, I too have seen impossible floorplans on some of these shows. My designs will not be minimalist. I don't want to take a shower while sitting on the toilet and baking a batch of cookies needs to be an attainable option :)

@Dan Alva I recently bought a SFR on a large lot and subivided it for one smaller building lot. Our city sets appointments with the planners every Monday where you can take your idea to them and they can tell you in general what is allowed, required, some general costs, etc. (be sure to already have a parcel in mind). I made that part of my due diligence prior to purchase. Ryland is correct that trying to work within existing zoning makes it a simpler process. So, if a parcel is already zoned for your intent - and you aren't trying to do anything special - then it is just a process rather than a battle.

Well @Chris Seveney I suppose if you or a group of persons wanted to change the policies then you could do some homework and petition for such. This wouldn't mean that HOAs would have to accept them. The mindset of the powers that wrote such restrictive laws may have changed since the big crash, etc. But then again, it kind of sounded like you weren't thrilled with the concept to begin with - and maybe you wouldn't want your neighbor to have backyard tenants either...